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    Tricon Residential Inc. (TCN)

    Price:

    11.25 USD

    ( + 0.02 USD)

    Your position:

    0 USD

    ACTION PANEL
    CREATE A NOTE
    ABOUT
    Symbol
    TCN
    Name
    Tricon Residential Inc.
    Industry
    Real Estate - Services
    Sector
    Real Estate
    Price
    11.250
    Market Cap
    3.067B
    Enterprise value
    8.629B
    Currency
    USD
    Ceo
    Gary Berman
    Full Time Employees
    978
    Ipo Date
    2021-09-28
    City
    Toronto
    Address
    7 St. Thomas Street

    Check the

    KEY TAKEAWAYS

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    SIMILAR COMPANIES STI SCORE

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    Cian PLC

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    Symbol
    CIAN
    Market Cap
    19.371B
    Industry
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    Sector
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    2nd position

    Seaport Entertainment Group Inc.

    VALUE SCORE:

    8

    Symbol
    SEG
    Market Cap
    309.389M
    Industry
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    Sector
    Real Estate

    The best

    Jones Lang LaSalle Incorporated

    VALUE SCORE:

    10

    Symbol
    JLL
    Market Cap
    13.565B
    Industry
    Real Estate - Services
    Sector
    Real Estate
    FUNDAMENTALS
    P/E
    25.271
    P/S
    3.542
    P/B
    0.801
    Debt/Equity
    1.654
    EV/FCF
    98.707
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    10.632
    Earnings yield
    0.040
    Debt/assets
    0.482
    FUNDAMENTALS
    Net debt/ebidta
    23.272
    Interest coverage
    0.759
    Research And Developement To Revenue
    0
    Intangile to total assets
    0.003
    Capex to operating cash flow
    0.337
    Capex to revenue
    0.055
    Capex to depreciation
    2.610
    Return on tangible assets
    0.009
    Debt to market cap
    2.073
    Piotroski Score
    7.000
    FUNDAMENTALS
    PEG
    0.253
    P/CF
    21.902
    P/FCF
    32.886
    RoA %
    0.924
    RoIC %
    1.535
    Gross Profit Margin %
    73.320
    Quick Ratio
    0.485
    Current Ratio
    0.485
    Net Profit Margin %
    14.069
    Net-Net
    -33.220
    FUNDAMENTALS PER SHARE
    FCF per share
    0.341
    Revenue per share
    3.164
    Net income per share
    0.445
    Operating cash flow per share
    0.514
    Free cash flow per share
    0.341
    Cash per share
    0.801
    Book value per share
    14.068
    Tangible book value per share
    13.940
    Shareholders equity per share
    14.047
    Interest debt per share
    24.417
    TECHNICAL
    52 weeks high
    11.250
    52 weeks low
    6.525
    Current trading session High
    11.250
    Current trading session Low
    11.230
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    78.8%
    Years of div. Increase
    1.000
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    logo

    Country
    BM
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0.10349091%
    Payout Ratio
    -223.62525%
    P/E
    -11.016
    logo

    Country
    BM
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0.10349091%
    Payout Ratio
    -223.62525%
    P/E
    -11.016
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    42.846
    logo

    Country
    CA
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0.0019733596%
    Payout Ratio
    13.365626%
    P/E
    50.442
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0.026168223%
    Payout Ratio
    74.72704999999999%
    P/E
    28.556
    logo

    Country
    GB
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    17.068
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    84.920
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -10.185
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    24.107
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -1.040k
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -25.078
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0.01781896%
    Payout Ratio
    -166.47145%
    P/E
    -88.939
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0.0069484655%
    Payout Ratio
    27.958703%
    P/E
    40.837
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0%
    Payout Ratio
    3.600758%
    P/E
    17.722
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    Real Estate - Services
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    58.873
    DESCRIPTION

    Founded in 1988, Tricon is a rental housing company focused on serving the middle-market demographic. Tricon owns and operates approximately 31,000 single-family rental homes and multi-family rental units in 21 markets across the United States and Canada, managed with an integrated technology-enabled operating platform. More information about Tricon is available at www.triconresidential.com.

    NEWS
    https://images.financialmodelingprep.com/news/correcting-and-replacing-great-place-to-work-certifies-tricon-residential-20250618.jpg
    CORRECTING and REPLACING Great Place To Work® Certifies Tricon Residential as a Great Place To Work® in the U.S. and Canada for 2025

    businesswire.com

    2025-06-18 18:50:00

    TORONTO--(BUSINESS WIRE)--Please replace the release dated June 17, 2025, with the following corrected version due to multiple revisions. The updated release reads: GREAT PLACE TO WORK® CERTIFIES TRICON RESIDENTIAL AS A GREAT PLACE TO WORK® IN THE U.S. AND CANADA FOR 2025 Tricon Residential has Built a Strong Employee Culture Focused on Delivering Exceptional Rental Experiences for Residents, Earning Recognition as a Great Place To Work® in both the U.S. and Canada for 2025 Tricon Residential,.

    https://images.financialmodelingprep.com/news/great-place-to-work-names-tricon-residential-one-of-20250617.jpg
    Great Place To Work® Names Tricon Residential One of the Best Workplaces in Real Estate for 2025

    businesswire.com

    2025-06-17 16:03:00

    TORONTO--(BUSINESS WIRE)--Tricon Residential Inc., a Blackstone Real Estate portfolio company, has been named one of the 2025 Best Workplaces in Real Estate™ by Great Place To Work®. This marks Tricon's fifth year on the list and reflects the Company's continued investment in building a positive workplace culture focused on delivering high-quality service to residents across North America. “At Tricon, our people-first approach starts with our employees,” said Gary Berman, President and CEO of T.

    https://images.financialmodelingprep.com/news/tricon-residential-gives-over-1-million-in-relief-to-residents-20250213.jpg
    Tricon Residential Gives Over $1 Million in Relief to Residents in Need

    businesswire.com

    2025-02-13 08:00:00

    TORONTO--(BUSINESS WIRE)--Tricon Residential, a Blackstone Real Estate portfolio company, announced today that its Resident Emergency Assistance Fund ("Fund") has distributed over $1 million in financial assistance to more than 500 residents and their families. Since its launch in 2019, this unique initiative has provided vital support to residents navigating unexpected challenges such as job losses, medical emergencies, and the loss of a loved one. The Fund has helped residents cover essential.

    https://images.financialmodelingprep.com/news/tricon-residential-opens-two-new-communities-in-texas-expanding-20240919.jpg
    Tricon Residential Opens Two New Communities in Texas, Expanding Housing Supply

    businesswire.com

    2024-09-19 15:30:00

    LEANDER, Texas & TOMBALL, Texas--(BUSINESS WIRE)--Tricon Residential, a Blackstone Real Estate portfolio company, along with its residents, partners and local leaders, celebrated the grand opening of two new built-to-rent communities in Texas: Tricon Bryson in Leander and Tricon Willow Creek in Tomball. Developed in partnership with HHS Residential, a division of Plano-based Highland Homes, these communities will expand housing supply in the Austin and Houston metropolitan areas by adding 303 n.

    https://images.financialmodelingprep.com/news/blackstone-real-estate-completes-privatization-of-tricon-20240501.jpg
    Blackstone Real Estate Completes Privatization of Tricon

    businesswire.com

    2024-05-01 10:44:00

    NEW YORK & TORONTO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced the closing of the previously-announced statutory plan of arrangement under the Business Corporations Act (Ontario) pursuant to which Blackstone Real Estate Partners X (“BREP X”), together with Blackstone Real Estate Income Trust, Inc. (“BREIT”), acquired all of the outstanding common shares of Tricon (“Common Shares”) for $11.25 per Common Sha.

    https://images.financialmodelingprep.com/news/tricon-residential-inc-announces-receipt-of-investment-canada-act-20240425.jpg
    Tricon Residential Inc. Announces Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate

    businesswire.com

    2024-04-25 08:01:00

    TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced receipt of Investment Canada Act approval in connection with the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc., will acquire all of the outstanding common shares of Tricon (“Common Shares”) for US$11.25.

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    https://images.financialmodelingprep.com/news/tricon-residential-inc-receives-final-court-approval-for-take-20240405.jpg
    Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate

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    2024-04-05 17:01:00

    TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate.

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    Tricon Shareholders Approve Proposed Take Private by Blackstone Real Estate

    businesswire.com

    2024-03-28 17:01:00

    TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that at its special meeting (“Meeting”) of shareholders of the Company (“Company Shareholders”) held earlier today, Company Shareholders voted to approve the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trus.

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    Tricon Residential Releases 2023 Annual Sustainability Report

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    2024-03-26 08:01:00

    TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, released its annual sustainability report today. The report is a comprehensive review of the Company's progress toward its five strategic sustainability priorities: Our People, Our Residents, Our Impact, Our Governance and Our Innovation. The Company also announced th.

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    Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Tricon Shareholders Vote FOR the Arrangement Resolution Approving Transaction with Blackstone Real Estate

    businesswire.com

    2024-03-18 08:01:00

    TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have each recommended that shareholders of Tricon (“Company Shareholders”) vote “FOR” the resolution (the “Arrangement Resolution”) approving the statutory plan of arrangement under the Business Corporations Act (Ontario), pursuant to which.

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    2024-02-27 17:01:00

    TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the "Company"), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, announced today its consolidated financial results for the three and twelve months ended December 31, 2023. All financial information is presented in U.S. dollars unless otherwise indicated. The Company's operational and financial highlights of the quarter include: Ne.

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    TRICON RESIDENTIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tricon Residential Inc. - TCN

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    2024-02-27 15:39:00

    NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tricon Residential Inc. (NYSE: TCN) to Blackstone Inc. (NYSE: BX). Under the terms of the proposed transaction, shareholders of Tricon will receive $11.25 in cash for each common share of Tricon that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, o.

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